Jon Kraus wrote:
Does anyone know if there would be tax consequences for the lucky winner
of the AOPA Commander 112. Thanks!!

The winner will pay Federal income taxes. Most States also have an income tax,
and the winner will pay that if he or she lives in one. Many States will also
charge a sales or usage tax.

Living here in New Jersey, I would pay 12% of the value of the plane to the
State. I'm no longer sure what the Federal tax percentage is. It used to be
about 33%. If it still is, the total tax bill would be 45%.

George Patterson
We don't stop playing because we grow old. We grow old because we stop
playing.